INNOVATIVE AND CREATIVE MANAGEMENT
ActiveSummary
INNOVATIVE AND CREATIVE MANAGEMENT has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-7k) and a net result of €-12k. Equity is shrinking by ~38.3% per year across the filed fiscal years. Its solvency ranks better than 6% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-7
Solvency9▼-32
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.75 against 0.98 in 2024; short-term debt: 116.4% and cash: 11.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-16.4%
Return on assets
-28%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-7k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
11 d late
2023
7 d late
2022
66 d late
2021
31 d early
2020
25 d early
2019
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-7k
2024 · €5k
2018: €62k
2019: €64k
2020: €48k
2021: €36k
2022: €21k
2023: €8k
2024: €5k
2018 → 2025
Total assets
€42k▲ 40.5%
2024 · €30k
2018: €65k
2019: €65k
2020: €48k
2021: €39k
2022: €36k
2023: €31k
2024: €30k
2018 → 2025
Net result
€-12k▼ 313%
2024 · €-3k
2018: €-20k
2019: €2k
2020: €-16k
2021: €-12k
2022: €-15k
2023: €-13k
2024: €-3k
2018 → 2025
Working capital
€-12k▼ 2,129%
2024 · €-557
2018: €52k
2019: €43k
2020: €31k
2021: €22k
2022: €11k
2023: €2k
2024: €-557
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€21k▼ 41.3%€8k▼ 63.1%€5k▼ 36.8%€-7k
Operating result€-11k-€-14k▼ 27.5%€-12k▲ 11.2%€-2k▲ 84.3%€-11k▼ 458%
Net result€-12k-€-15k▼ 23.8%€-13k▲ 10.3%€-3k▲ 78.5%€-12k▼ 313%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42k
Fixed assets
€5k =
Current assets
€37k ▲ 49.5%
Key figures and ratios
Solvency
-16.4%▼
2024 · 16.4%
Current ratio
0.75▼
2024 · 0.98
Quick ratio
0.53▼
2024 · 0.98
Debt to equity
-7.11▼
2024 · 5.11
ROA
-28.0%▼
2024 · -9.5%
Debt
€49k▲
2024 · €25k
Debt ≤ 1 year
€49k▲
2024 · €25k
Income taxes
€449▲
2024 · €433
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€30k€42k▲
Fixed assets21/28€5k€5k=
Financial fixed assets28€5k€5k=
Current assets29/58€25k€37k▲
Stocks and contracts in progress3-€11k
Stocks30/36-€11k
Amounts receivable within one year40/41€19k€18k▼
Trade receivables40€18k€18k▲
Other amounts receivable41€1k€15▼
Cash at bank and in hand54/58€2k€5k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€30k€42k▲
Equity10/15€5k€-7k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€50k€50k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€48k€48k=
Profit (loss) carried forward14€-64k€-76k▼
Amounts payable17/49€25k€49k▲
Amounts payable within one year42/48€25k€49k▲
Trade debts44€93€93▲
Suppliers440/4€93€93▲
Taxes, remuneration and social security45€433€487▲
Taxes450/3€433€487▲
Other amounts payable47/48€25k€49k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€764-
Other operating charges640/8€2k€1k▼
Gross operating margin9900€316€-10k▼
Operating profit (loss)9901€-2k€-11k▼
Financial charges65/66B€475€477▲
Recurring financial charges65€475€477▲
Profit (loss) for the period before taxes9903€-2k€-11k▼
Income taxes67/77€433€449▲
Profit (loss) for the period9904€-3k€-12k▼
Profit (loss) for the period to be appropriated9905€-3k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-64k€-76k▼
Profit (loss) brought forward from the previous period14P€-61k€-64k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 75.81
Current ratio from 22.42 to 75.81; short-term debt falls from €2k to €573.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
18-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Bertem · 1 establishment unit since 1988
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bosstraat 1393060 BertemGround area
1,689 m²
Building footprint
407 m²
Volume, LiDAR
1,473 m³
Parcel 24009A0164/00B000, Flanders · tallest building 12.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
I.C.M.
since 19882.040.510.905
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24009A0164/00B000 | Flanders | 1,689 m² | 1 · 407 m² | 12.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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TILIANCE
BE 0778.726.490
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AFM MANAGEMENT
BE 1010.051.694
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Insight Connect Europe
BE 0758.415.779
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 15,445 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded03-10-1988
Fiscal year end31-12
Abbreviation NL
I.C.M.
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.